Membership Sites Provide Instant Cash for Affiliates
An important development among affiliate programs is the innovative introduction of instant cash programs combined with residual income.
Residual income is important for creating long term wealth.Â Residual income will continue even when you stop doing the work.Â However, your wages exhaust themselves soon after you quit a job or you are fired. Once they pay you for your sick time, PTO or vacation, there will be no more money.
However,Â with residual income, the payment continues from your asset until you determine that you want to get rid of the asset.Â . At one time the only kind of business model that could provide residual income was MLM programs.
Fortunately, many onlineÂ affiliate program developers Â have created online continuity programs that perform like residual income programs.Â It is very rare toÂ find a business model that provides both instant and residual income,
IfÂ you find a buyer for a program today, you will be paid today.Â However, if this is a membership site, you will also get paid again and again.
In essence if you can find this combination within a program, you have found the quickest and easiest way to earn a a lot of money online.
If you calculate the monthly income from a reasonably small membership site, the owner could still make a 6-figure income, With only 400 members at a price of $27.00 eachÂ the monthly income for the site owner would be over $11,000.
The problem is that the maintenance of a membership site like this sounds more complex than it probably is.Â However, the rewards almost make you salivate with the instant and long term income possibilities.
The truth is that Â it takes just as much work to get a one-time sale as it will to acquire a residual sale that will pay you month after month.Â The smart mind would only sell those products that keep producing income even after they have stopped working.
The big Internet GurusÂ started created membership sites a few years ago.Â Â These gurus own several membership sites because there is a lot of money to be made..Â The reason is that creating residual income is the first step to getting very wealthy.
Donald Trump and Robert Kiyosaki explain in their book "Why We Want You To Be Rich", the importance of generating residual income for creating long-term wealth.
More and more Internet users are willing to pay for access to quality information and products. Online surfers want a instant turn-key solution to their economic problems. These internet users are also looking for a turn-key business opportunity.
These economic times actually can provide a once in a lifetime opportunity to offer the Internet community the opportunity to own their own [high profit-low maintenance business.
If you can offer them a business that helps them make money, you have one of those rare WIN_WIN situations that will earn you a fortune online.
As of a recent study, less than 9% of online users currently pay for online content. This means the market for offering a membership site is wide open for the savvy entrepreneur. The timing is exactly right to create a million dollar membership site.
If you are looking toward the stars for the next business idea, it might make sense to either start a Membership site or find one the provides instant and long term income.